(Daily Alts) Long:Short Equity Funds The Best and Worst of MarchLong/short equity mutual funds and ETFs generated a return of 2.76% in March, bringing their year-to-date return up to -0.81% through the end of the first quarter. This compares to a return of +6.78% for the S&P 500 Index in March, and 1.35% for the quarter. Out of the 180 long/short equity funds in the category, a solid 26 posted monthly gains of at least 5%, and seven outdid the broad market.
Long/Short Equity Funds: The Best and Worst of March
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